Title 20, TITLE 20. EDUCATION

[Pre-2006 Recodification Citation: 20-24-8-5.] As added by P.L.2-2006, SEC.162. Repealed by P.L.280-2013, SEC.55.

Sec. 3. IC 20-26-15-6 applies to the budget and accounting system of a freeway school. [2006 Recodification Citation: New.] As added by P.L.2-2006, SEC.162.

Sec. 4. Charter school organizers shall adopt and accurately implement a single, unified accounting system for charter school organizers as prescribed by the state board and the state board of accounts. The system, including a chart of accounts and all prescribed forms, must enab…

Sec. 1. This article is not intended to be an exhaustive list of the governmental funds and accounts that a school corporation may establish to carry out school purposes. [2006 Recodification Citation: New.] As added by P.L.2-2006, SEC.163.

Sec. 2. As used in this chapter, "freeway school" has the meaning set forth in IC 20-26-15-2. [2006 Recodification Citation: New.] As added by P.L.2-2006, SEC.163.

Sec. 3. As used in this chapter, "freeway school corporation" has the meaning set forth in IC 20-26-15-3. [2006 Recodification Citation: New.] As added by P.L.2-2006, SEC.163.

Sec. 4. As used in this chapter, "joint program" has the meaning set forth in IC 20-26-10-1. [2006 Recodification Citation: New.] As added by P.L.2-2006, SEC.163. IC 20-40-1-5 Listing of funds established outside IC 20-40 Sec. 5. Statutes outside this article that permit or requi…

[2006 Recodification Citation: New.] As added by P.L.2-2006, SEC.163. Repealed by P.L.244-2017, SEC.65.

Sec. 1. As used in this chapter, "treasurer" includes an assistant treasurer or a deputy treasurer. [Pre-2006 Recodification Citation: 20-26-6-1.] As added by P.L.2-2006, SEC.164.

Note: This version of section effective 1-1-2024. See also preceding version of this section, effective until 1-1-2024. Sec. 2. Any self-supporting programs maintained by a school corporation, excluding school lunch, may be established as a separate fund, separate and apart from …

Sec. 3. (a) A person who has charge of the collection, custody, and disbursement of funds collected and expended to pay expenses incurred in conducting any athletic, social, or other school function, the cost of which is not paid from public funds, shall: (1) keep an accurate acc…

Sec. 4. (a) All forms and records for keeping the accounts of the extracurricular activities in school corporations shall be prescribed or approved by the state board of accounts. The records and affairs of the extracurricular activities may be examined by the state board of acco…

Note: This version of section effective 1-1-2024. See also preceding version of this section, effective until 1-1-2024. Sec. 5. (a) A public school must have a treasurer for purposes of this chapter. The treasurer must be: (1) the superintendent or principal of the particular sch…

Sec. 6. (a) The treasurer shall give a bond in an amount fixed by the superintendent and principal of the school approximating the total amount of the anticipated funds that will come into the possession of the treasurer at any one (1) time during the regular school year. Bonds s…

Sec. 7. (a) The treasurer has charge of the custody and disbursement of any funds collected by a collecting authority and expended to pay expenses: (1) approved by the principal or teacher in charge of the school; (2) incurred in conducting any athletic, social, or other school f…

Sec. 8. (a) The treasurer shall keep an accurate account of all money received by the collecting authority and expended, showing: (1) the sources of all receipts; (2) the purposes for which the money was expended; and (3) the balance on hand. A copy of the report, together with a…

Sec. 9. (a) The treasurer shall deposit all receipts in one (1) bank account. The receipts shall be deposited without unreasonable delay. The account is known as the school extracurricular account. The records of each organization, class, or activity shall be kept separate so tha…

Sec. 1. This chapter applies to a county that has not: (1) transferred the money in the county's fund to the debt service funds of the school corporations in the county under section 5 of this chapter, IC 21-2-4-5 (before its repeal), or a predecessor law; or (2) surrendered the …

Sec. 10. Subject to section 9 of this chapter, the: (1) principal belonging to a fund; and (2) accumulations to the principal of a fund held by a county; must be loaned at four percent (4%) per annum. Loans made before June 1, 1943, with a rate of interest higher than four percen…

Sec. 11. In a county where the total amount in the: (1) fund; or (2) congressional township school fund; accumulates to the amount of at least one thousand dollars ($1,000), a county may borrow and use the funds or any part of the funds for any lawful purpose for a period not exc…

Sec. 12. (a) If a county council borrows funds under this chapter, the county council shall adopt an ordinance specifying the amount of the funds to be borrowed and specify the time for which the loan will be made. The board of county commissioners shall execute to the state of I…

Sec. 13. After the obligation is deposited with the county auditor under section 12 of this chapter, the county auditor shall issue a warrant to the county treasurer, to be paid to the county for the amount of money specified in the ordinance and obligation. When the warrant is p…

Sec. 14. (a) If the funds remain in the county treasury of the county for four (4) months without having been loaned under this chapter, upon the request of the county auditor, the board of county commissioners may, by an order entered of record, direct the county treasurer to in…

Sec. 15. (a) All payments of principal or interest must be paid to the county treasurer. The: (1) county treasurer shall file a receipt with the county auditor; and (2) county auditor shall give the payor a receipt and record the payment. (b) The county auditor may accept payment…

Sec. 2. As used in this chapter, "fund" refers to a common school fund administered by a county. [2006 Recodification Citation: New.] As added by P.L.2-2006, SEC.165.

Sec. 3. The funds that: (1) before March 6, 1865, were: (A) known and designated as the surplus revenue funds; (B) appropriated to common schools; (C) known and designated as the saline fund; (D) known and designated as the bank-tax fund; (E) derived from the sale of county semin…

Sec. 4. Subject to sections 5, 6 and 9 of this chapter, the fund shall never be diminished in amount. [Pre-2006 Recodification Citation: 21-1-1-1 part.] As added by P.L.2-2006, SEC.165.

operations fund Sec. 5. Any balance remaining in a fund shall be transferred to the debt service funds of the school corporations in the county. The amount transferred may be appropriated and paid to a school corporation's operations fund. [Pre-2006 Recodification Citation: 21-2-…

Sec. 6. (a) A county council may adopt a resolution to: (1) elect to surrender the custody of the fund; and (2) order the board of county commissioners, the county auditor, and the county treasurer to take any and all steps necessary to surrender the custody of a fund held in tru…

Sec. 8. The payment of annual interest must be full and complete every year. The payment must appear in the county auditor's report to the secretary of education. The secretary of education shall, at any time when the secretary of education discovers from the report, or otherwise…

Sec. 9. (a) This section does not apply to a fund entrusted to a county before November 1, 1851. (b) Loans may not be made of the principal of the common school funds held in trust by the several counties of the state. Each county auditor and treasurer shall forward semiannually …

Sec. 1. This article expires June 30, 2025. [Pre-2006 Recodification Citations: 21-1-30-10; 21-3-1.7-10; 21-3-2.1-10; 21-3-12-12.] As added by P.L.2-2006, SEC.166. Amended by P.L.234-2007, SEC.232; P.L.182-2009(ss), SEC.323; P.L.229-2011, SEC.199; P.L.144-2012, SEC.2; P.L.205-201…

Sec. 10. "Current ADM" means the: (1) spring count of ADM for distributions in the months of January through June of the calendar year in which the spring count is taken; and (2) fall count of ADM for distributions in the months of July through December of the calendar year in wh…

Sec. 11. "Eligible pupil" refers to an individual who qualifies as an eligible pupil under IC 20-43-4-1. [2006 Recodification Citation: New.] As added by P.L.2-2006, SEC.166.

Sec. 11.5. "Enrolled" means to be: (1) registered with a school corporation to attend educational programs offered by or through the school corporation; and (2) attending these educational programs or receiving educational services. As added by P.L.205-2013, SEC.264.…

[2006 Recodification Citation: New.] As added by P.L.2-2006, SEC.166. Repealed by P.L.229-2011, SEC.276.

As added by P.L.144-2012, SEC.4. Repealed by P.L.217-2017, SEC.111.

Sec. 13. "Foundation amount" refers to the amount determined under IC 20-43-3-8. [2006 Recodification Citation: New.] As added by P.L.2-2006, SEC.166. Amended by P.L.217-2017, SEC.112.

Sec. 14. "Full-time equivalency" refers to the amount determined under IC 20-43-4-6. [2006 Recodification Citation: New.] As added by P.L.2-2006, SEC.166.

Sec. 14.5. This section applies after June 30, 2018. "High value program" means a career and technical education program that the department of workforce development recognizes as: (1) having a high employment demand and a high average wage level; (2) having a moderate employment…

[2006 Recodification Citation: New.] As added by P.L.2-2006, SEC.166. Repealed by P.L.234-2007, SEC.269.

Sec. 15.5. This section applies after June 30, 2018. "Less than moderate value program" means a career and technical education program that the department of workforce development recognizes as: (1) having a low employment demand and a low average wage level; (2) having a moderat…

[2006 Recodification Citation: New.] As added by P.L.2-2006, SEC.166. Repealed by P.L.146-2008, SEC.807.

Sec. 16.5. This section applies after June 30, 2018. "Moderate value program" means a career and technical education program that the department of workforce development recognizes as: (1) having a moderate employment demand and a moderate average wage level; (2) having a high em…

[2006 Recodification Citation: New.] As added by P.L.2-2006, SEC.166. Amended by P.L.146-2008, SEC.480. Repealed by P.L.229-2011, SEC.276.

[2006 Recodification Citation: New.] As added by P.L.2-2006, SEC.166. Repealed by P.L.205-2013, SEC.265.

Sec. 18.5. "Parentally placed nonpublic school students with disabilities" means students with disabilities who are enrolled by their parents in nonpublic schools or facilities, including religious schools or facilities, that are day schools or residential schools providing eleme…

Sec. 19. "Previous year revenue" refers to the amount determined under IC 20-43-3-4. [2006 Recodification Citation: New.] As added by P.L.2-2006, SEC.166.

Sec. 2. The definitions in this chapter apply throughout this article. [2006 Recodification Citation: New.] As added by P.L.2-2006, SEC.166.

[2006 Recodification Citation: New.] As added by P.L.2-2006, SEC.166. Repealed by P.L.217-2017, SEC.113.